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Medinice S.A (ICE) Fair Value & Analysis

Healthcare · PL · Market cap 820M PLN

MS Medinice S.A ICE · WAR
Price72.00 PLN
Fair Value42.70 PLN
Upside-40.7%
Quality95/100
Evidence: Low Range 32.02 PLN – 53.37 PLN

Fair value as of: Jun 24, 2026

From 2 valuation models · updated 5 days ago

Share price −0.7% over the past month.

Price vs Fair Value (12 months)

90.70 PLN 7.73 PLN Fair Value 42.70 PLN Jun 2025 Jun 2026

12‑month range 7.73 PLN – 90.70 PLN · fair‑value band 32.02 PLN – 53.37 PLN · the 72.00 PLN price screens above the 42.70 PLN fair value. As of Jun 24, 2026.

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Analysis

Medinice S.A (ICE) currently trades at 72.00 PLN, while our model-based Fair Value estimate is 42.70 PLN — implying the stock looks roughly 40.7% overvalued today. We read business quality at 95/100 (high quality), in the Healthcare sector. Bear case: priced above our estimate, the market already discounts strong expectations. Bull case: above-average quality can justify a premium — the entry price still matters most (evidence: low).

Trailing-twelve-month revenue stands at 19.0K PLN. Revenue declined 61.2% year over year. It earns a return on equity of -8.0%. The balance sheet holds a net cash position of 8.8M PLN. Fundamentals as of Jun 24, 2026

Key figures & financial health

Revenue (TTM) 19.0K PLN
Revenue growth (YoY) -61.2%
Return on equity -8.0%
Free cash flow −11.7M PLN FY2025
EPS (TTM) -0.8200 PLN
Net cash 8.8M PLN FY2024

Figures from reported company fundamentals (EODHD) · as of Jun 24, 2026. TTM = trailing twelve months.

About the company

Medinice S.A., a medical technology company, creates, develops, and commercializes minimally invasive solutions in cardiology and cardiac surgery. The company offers PacePress, a medical device to reduce the risk of complications following the implantation of cardiac electrotherapeutic devices, such as pacemakers or implantable cardioverter-defibrillators; CoolCryo, a cardiac cryoablation technology that uses liquid nitrogen as the cooling medium; and AtriClamp, a clip designed to close the left atrial appendage to minimize the risk of stroke in patients with atrial fibrillation. It also provides MiniMax, an ablation-mapping catheter used for detecting intracardiac electrophysiological signals, creating a 3D map of the heart, and performing intracardiac irrigated RF ablation to treat arrhythmias caused by abnormalities in the heart's conduction system; and EP Bioptom, an electrode for endomyocardial biopsy using 3D mapping enabling simultaneous biopsy and creation of a three-dimensi…

Revenue & earnings trend

FY2021 – FY2025 · reported fiscal years

Medinice S.A reported revenue of 0 PLN in FY2025 versus 288K PLN in FY2021. Reported net income was −6.7M PLN in FY2025.

Revenue
FY21 288K PLN
FY22 246K PLN
FY23 225K PLN
FY24 188K PLN
FY25 0 PLN
Net income
FY21 −2.9M PLN
FY22 −4.9M PLN
FY23 −5.1M PLN
FY24 37.6M PLN
FY25 −6.7M PLN

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Similar stocks

6 more Medical Devices stocks, each showing price versus our Fair Value estimate (as of Jun 24, 2026).

Stock Price Fair Value vs Fair Value
Abbott Laboratories, ABT 1,600 MXN 82.40 MXN -95%
Stryker Corporation S1YK34 R$79.21 R$43.74 -45%
Medtronic plc MDT $80.25 $74.40 -7%
Boston Scientific Corporation B1SX34 R$248.75 R$221.81 -11%
Edwards Lifesciences Corporation EW $85.88 $41.02 -52%
Siemens Healthineers AG SEMHF $39.95 $44.36 +11%

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Frequently asked questions

Is Medinice S.A (ICE) undervalued?
As of Jun 24, 2026, our model estimates a fair value of 42.70 PLN versus a price of 72.00 PLN — about −41% (overvalued). Model-based estimate, not financial advice.
What is the fair value of ICE?
Our 21-model fair value for Medinice S.A is 42.70 PLN (as of Jun 24, 2026), built from audited fundamentals. The current price is 72.00 PLN.
What is the quality score of ICE?
Medinice S.A has a Quality Score of 95/100, measuring profitability, growth and balance-sheet strength from non-valuation factors.
What is the revenue of Medinice S.A (ICE)?
Medinice S.A reported trailing-twelve-month revenue of about 19.0K PLN (latest available figure, as of Jun 24, 2026).
What is the net profit margin of ICE?
The net profit margin of Medinice S.A is about 0.0%, meaning it keeps roughly 0.0% of revenue as net income. Based on the latest reported figures.

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data — nothing guessed.

Educational research only · not financial advice · no buy/sell recommendation. Model-based estimates are not certainties; their reliability depends on data quality and assumptions.